FINN GRAMVAD A/S — Credit Rating and Financial Key Figures

CVR number: 48003516
Østre Havnevej 26, 5400 Bogense
tel: 40279055
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Company information

Official name
FINN GRAMVAD A/S
Personnel
8 persons
Established
1972
Company form
Limited company
Industry

About FINN GRAMVAD A/S

FINN GRAMVAD A/S (CVR number: 48003516) is a company from NORDFYNS. The company recorded a gross profit of 567.6 kDKK in 2024. The operating profit was 297 kDKK, while net earnings were 34.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN GRAMVAD A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 317.103 007.941 302.24270.07567.65
EBIT1 406.651 197.43-68.43283.48296.99
Net earnings899.68780.77266.35- 154.0434.44
Shareholders equity total34 150.1838 445.0639 330.9239 100.5639 052.85
Balance sheet total (assets)55 711.9259 271.3049 851.3348 397.3647 944.90
Net debt13 416.258 311.42256.841 934.173 773.36
Profitability
EBIT-%
ROA2.6 %2.1 %0.5 %0.6 %0.7 %
ROE2.7 %2.2 %0.7 %-0.4 %0.1 %
ROI2.7 %2.2 %0.5 %0.6 %0.7 %
Economic value added (EVA)-1 469.63-1 599.70-2 887.84-2 089.82-2 132.74
Solvency
Equity ratio61.3 %64.9 %78.9 %80.8 %81.5 %
Gearing46.7 %41.1 %14.3 %13.7 %13.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.73.82.52.31.3
Current ratio0.73.82.52.31.3
Cash and cash equivalents2 542.717 506.945 355.873 427.161 327.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:0.66%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.5%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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